Today we successfully touched the resistance of 2183. There is a high probability that there will be a pullback near 2185-2189, but the bulls are not done yet. The pullback supports 2178-2174. Go long again without falling below the support. The strong resistance this week is around 2192-2196. If there is news to cooperate, it should be able to touch around...
Gold increased yesterday, but with a narrow increase range and an upper shadow, closing 1/2 of the range, and falling inside the large D1 bar first to create the Inside bar model, D1 gold showed yesterday to be weak increase day. Yesterday's price bar also narrowed fluctuations, forming bar NR4, which is the price bar with the narrowest range in the last 4 days....
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As a financial analyst with a keen eye on market trends, I am often drawn to the timeless allure of gold and its intricate role within the global economy. In this discourse, I aim to unravel the multifaceted significance of gold as perceived through the lens of financial analysis. Gold, with its lustrous sheen and unparalleled scarcity, has long captivated the...
Another boost from good news. Gold’s bullish power remains strong. The dollar fell under pressure. The market is expected to continue to impact the 2190 first-line position. sl2165 tp2190
Hello everyone ! -Here is my opinion on the GOLD: -Z.O.I (Zone Of Interest) -An increase in liquidity. -An interesting area. -Optimal Fibo (OTE). -No counter-trend. - FVG (Fair Value Gap/Imbalance) *Optional This is why I would see GOLD rising! 🚀 If you liked it and want more, don't hesitate to subscribe and Boost the publication! Questions ? Leave a comment!
Greetings ! The setup: -RMI (Range Manipulation Initiation) -An increase in liquidity. -An interesting area. -Optimal Fibo (OTE). -No counter-trend. - FVG (Fair Value Gap/Imbalance) *Optional 🚀 If you liked it and want more, don't hesitate to subscribe and Boost the publication! Questions ? Leave a comment!
As a seasoned financial analyst, I find myself continuously intrigued by the enduring significance of gold within the ever-evolving dynamics of the global economy. In this discourse, I aim to elucidate the multifaceted role that gold plays as a strategic asset, offering insights that transcend its shimmering surface. Firstly, gold serves as a cornerstone of...
The 1H chart shows that the bears are showing signs of exerting force. For the rest of the day, we will continue to focus on the resistance near 2183. Tomorrow, the Asian market will give priority to shorts and support 2162-2158.
The dollar showed unusual strength after the FOMC event causing Gold to wipe out the gains since the FOMC news. Since the 21st of March Gold moved below the 30-period MA and remained on a downtrend until the 25th of March where it settled near the mean at 2170 USD/oz. Now it shows signals of a potential upward movement, breaking an apparent triangle formation...
Yesterday, the price of gold fluctuated within a narrow range. It was difficult to rise and could not rise. A retracement is inevitable. Yesterday, I will change my thinking and wait for the opportunity to increase and sell short! From the current point of view, the bulls are struggling, which is already a signal of the initial top. Even if the current moving...
Gold, with its radiant hue and timeless allure, remains a beacon of wealth and prosperity in the ever-changing landscape of finance. From ancient civilizations to modern economies, its significance transcends borders and generations. Despite fluctuations in markets and advancements in technology, gold retains its status as a symbol of stability and opulence. As...
Gold, the radiant metal that has fascinated humanity for millennia, holds within its gleaming surface a story that transcends time. From the depths of ancient civilizations to the complexities of modern economies, the allure of gold persists, captivating hearts and minds alike. At its core, gold embodies a unique blend of qualities that elevate it beyond mere...
Gold, revered throughout history as the epitome of wealth and prestige, continues to exert its timeless allure in the modern era. From ancient civilizations to contemporary societies, its lustrous appeal transcends generations, embodying both intrinsic value and cultural significance. In the annals of human civilization, gold has held multifaceted roles, serving...
Hello everyone ! -Here is my opinion on the GOLD: -Z.O.I (Zone Of Interest) -An increase in liquidity. -An interesting area. -Optimal Fibo (OTE). -No counter-trend. - FVG (Fair Value Gap/Imbalance) *Optional This is why I would see GOLD rising! 🚀 If you liked it and want more, don't hesitate to subscribe and Boost the publication! Questions ? Leave a comment!
In the realm of wealth and allure, few elements captivate the human imagination like gold. It's not merely a metal; it's a symbol of power, prestige, and permanence. From ancient civilizations to modern economies, the story of gold is woven into the fabric of human history, resonating with tales of conquests, fortunes, and enduring value. Gold's allure transcends...
Gold, a precious metal revered for centuries, holds more than just monetary value. Its significance transcends glittering surfaces, embodying history, culture, and resilience. From ancient civilizations to modern economies, the allure of gold remains steadfast, weaving its way into the fabric of human existence. Exploring its multifaceted nature reveals a story of...